Business For Sale · Retail

1417 DANFORTH AVENUE, Toronto (Greenwood-Coxwell)

1417 DANFORTH AVENUE, Toronto (Greenwood-Coxwell), ON M4J1N2

$249,000 total

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Asset Class

Retail

Size

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Building class

B

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

98%

About this property

INS Market Convenience Store!! Corner Store!! Franchise Business Has License To Sell Alcohol, Beer, Wine, Ciders, Cigarettes, Vape, Lottery (OLG) , Hundreds Of Thousands Spent On Brand New Store Build-out, New Equipment, Thousands Spent On Inventory, Ideal For An Owner-Operator / Investor Seeking A Franchise Business In A Prime Danforth Corner Location, Excellent Visibility, (2,139 Sq Ft) Strong Pedestrian Traffic, TTC Bus Stop Right Outside, Prominent Street Exposure!! (Rental Rate Is $5,500 + HST, Hydro $500 A Month, Gas $100 A Month) (Lease Term Is 5 + 5 Years). Price + Inventory worth $50,000. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$249K
Down payment30% · $75K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$18K

Annual cash flow

$4K

Cash-on-cash

5.55%

DSCR

1.30

Going-in cap

7.21%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

122,015

Households

49,513

Median income

$111,500

Median age

33.8

Daytime population

107,241

5-yr growth

1.4%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 1417 DANFORTH AVENUE, Toronto (Greenwood-Coxwell).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.